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Foreclosures in Merrick, NY

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Merrick, NY Foreclosures

How much do homes sell for in Merrick, NY?
The average home price is currently $883,338.
In Merrick, NY, how many homes are available?
There are currently 45 active home listings available in Merrick.
What’s the average rental cost in Merrick, NY?
The average rental price in Merrick is $3,230.
What is the most expensive home in Merrick?
The most expensive home sold in Merrick had a price of $7,128,073.
What is currently the cheapest priced home in Merrick, NY?
The cheapest home for sale in Merrick is priced at $14,553.

Living in Merrick, NY

Merrick, NY, is a charming suburban community boasting a strong sense of community, excellent schools, and easy access to amenities. With its beautiful parks and recreation sites, it offers a pleasant lifestyle for families and professionals alike. Proximity to the Wantagh Parkway and other transportation options makes commuting manageable, while diverse shopping and dining options satisfy local residents.

Current Market Conditions in Merrick, NY

The Merrick real estate market is currently experiencing a steady increase in demand, with home prices appreciating as families seek the appealing suburban lifestyle. Given its proximity to New York City, Merrick remains a competitive option for those wanting a balance between urban convenience and suburban tranquility.

Investors in Merrick should note that the turnover rate of homes is low, which contributes to a stable market. Strong school ratings and community features continue to attract buyers, further enhancing property values over time.

Home Value Estimator For Merrick, NY

There are currently 11,706 real estate properties in Merrick, NY, with a median automated valuation model (AVM) price of $817,940.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Merrick, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Merrick, NY, is $883,338.00, with the most expensive house in Merrick, NY, topping out at $7,128,073.00 and the cheapest home in Merrick, NY, clocking in at $14,553.00. In other words, there’s something for every potential homebuyer or savvy investor in Merrick, NY!

Rent Prices In Merrick, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merrick, NY, is on a rollercoaster ride. The average rent price in Merrick, NY, is $3,230.00. Indeed, when looking to rent in Merrick, NY, you can expect to pay as little as $1,570.00 or as much as $8,440.00, with the average rent median estimated to be $3,120.00. The good news is that finding an affordable and desirable property to rent in Merrick, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Merrick, NY Foreclosures


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